Fabric Ventures

#Throwback to last year's founder interview series! In this bite-sized Q&A, we had Illia Polosukhin Co-Founder NEAR Protocol to explore the intricacies of Web3 & AI. Dive into the conversation below! 👇 Who is Illia Polosukhin 🐉 ? Ilia Polosukhin is the Co-Founder of NEAR Protocol. NEAR launched in 2020 to create a scalable and user-friendly blockchain, aiming for global adoption with its Blockchain Operating System. Before this, Ilia worked on AI research at Google and co-authored the influential paper, "Attention Is All You Need." Q. In a world full of AI-generated content and deep fakes, trust can be established through proof of identity or belonging, often relying on existing authorities like governments or big tech. Is it crucial for this solution to be open, permissionless, and censorship-resistant? A. It's important to use a global platform that is not controlled by any single party to ensure equitable access by everyone in the world to identity and a reputation platform. Q. Does crypto have a role to play in defining trust across the web and what should that look like? A. Crypto enables trustless networks, creating incentives for decentralised communities to operate such networks and equal access. Data privacy is already a huge concern, and will only grow as such given the requirements for huge amounts of data to train Al. Q. Can crypto help provide a solution to data privacy concerns in Al? A. Web3 in general offers a different way to operate, where data lives on the user side and applications need to come to the user's device. It changes business models as there is no "accumulate data & it's out moat" approach and in turn requires crypto to create economics around this use cases. The industry is ripe for innovation and disruption. 🚀 That wraps up our insightful Q&A with Illia Polosukhin of NEAR Protocol, discussing the potential of Web3 & AI to reshape trust and privacy in our digital world. We're just scratching the surface of what's possible! 🔗 Want more? Stay tuned for our next Q&A coming soon. Maybe even a podcast in the works? 👀

Less than a month until our Web3 meets AI event at TOKEN2049 🤖 Meet our stellar lineup of co-hosts and welcome our newest partner, RSS3. 👏 Each is paving their own unique path for AI projects to thrive. Dive in to learn more! 👇 1/ RSS3 A decentralised network indexing and structuring open information, making it accessible and valuable for the next Twitter, Google, and OpenAI. http://RSS3.io 2/ NEAR Protocol A decentralised, sharded, developer-friendly, proof-of-stake, layer one blockchain and operating system advancing the vision of Chain Abstraction to scale the open web to a billion users. https://near.org/ 3/ BACKED VC BACKED is the human centric seed fund investing in frontier tech across Europe. Their investment thesis is to back founders who deeply understand and actively leverage blockchain and crypto economics as a way to deliver better applications. Their approach is to look at infrastructure deals opportunistically and spend most of our time assessing projects on the application layer. https://lnkd.in/eMM-WqEP 4/ Aethir Revolutionizing DePIN with its Scalable Decentralised Cloud Infrastructure (DCI) for Gaming & AI. Founded in 2022, Aethir is backed by Framework Ventures, Sanctor Capital, Animoca Brands, Hashkey and more. https://hub.xyz/aethir 5/ Caladan A technology-driven trading group that transacts over $2B daily in cryptoassets on 70+ exchanges, both centralised and decentralised. Since 2017, we have consistently generated exceptional returns (aka alpha).We were one of the first movers in quantitative trading on the blockchain, and today we operate thousands of algorithms 24/7 on a globally distributed network of trading servers. https://caladan.xyz/ Want to contribute to the Web3 x AI conversation? Join us! Register to secure your spot ↓ https://lu.ma/wjbu4tdw

Less than a month until our Web3 meets AI event at TOKEN2049 🤖 Meet our stellar lineup of co-hosts and welcome our newest partner, RSS3. 👏 Each is paving their own unique path for AI projects to thrive. Dive in to learn more! 👇 1/ RSS3 A decentralised network indexing and structuring open information, making it accessible and valuable for the next Twitter, Google, and OpenAI. http://RSS3.io 2/ NEAR Protocol A decentralised, sharded, developer-friendly, proof-of-stake, layer one blockchain and operating system advancing the vision of Chain Abstraction to scale the open web to a billion users. https://near.org/ 3/ BACKED VC BACKED is the human centric seed fund investing in frontier tech across Europe. Their investment thesis is to back founders who deeply understand and actively leverage blockchain and crypto economics as a way to deliver better applications. Their approach is to look at infrastructure deals opportunistically and spend most of our time assessing projects on the application layer. https://lnkd.in/eMM-WqEP 4/ Aethir Revolutionizing DePIN with its Scalable Decentralised Cloud Infrastructure (DCI) for Gaming & AI. Founded in 2022, Aethir is backed by Framework Ventures, Sanctor Capital, Animoca Brands, Hashkey and more. https://hub.xyz/aethir 5/ Caladan A technology-driven trading group that transacts over $2B daily in cryptoassets on 70+ exchanges, both centralised and decentralised. Since 2017, we have consistently generated exceptional returns (aka alpha).We were one of the first movers in quantitative trading on the blockchain, and today we operate thousands of algorithms 24/7 on a globally distributed network of trading servers. https://caladan.xyz/ Want to contribute to the Web3 x AI conversation? Join us! Register to secure your spot ↓ https://lu.ma/wjbu4tdw

We’re in full swing prepping for TOKEN2049 with our amazing co-hosts NEAR Protocol, Caladan , BACKED VC, & Aethir 🤖 The hunt for the top Web3 x AI projects is on, and exciting ones are already rolling in 👀 Countdown has started—RSVP today! 👉 https://lu.ma/wjbu4tdw

The search for top-tier founders in Web3 x AI continues with our highly anticipated series returning at TOKEN2049 in Singapore! 🇸🇬 Co-hosted by our brilliant partners NEAR Protocol, Caladan, BACKED VC, and Aethir — all champions of AI innovation. Invites are going out early as we hunt for the best projects 👀 Are you building in Web3 x AI? Sign up now 👉 https://lu.ma/wjbu4tdw #Web3 #AI #Token2049 #Token2049Singapore #Fabric #ArtificialIntelligence #Conference #SideEvent #Blockchain

We became an official partner of Stand With Crypto in the UK. Blockchain technology has the potential to supercharge the City of London, delivering new opportunities for the UK’s capital markets. We’re thrilled to be part of this movement and to put the UK’s financial markets on the strongest competitive footing. If you believe in the power of the blockchain, sign up TODAY 👉 https://lnkd.in/gTfTB82C

At Fabric, we embrace 3 core values 🌐 Founder Led: Empowering visionary founders to shape the future of the Open Economy. Thesis Driven: Targeting advancements in Web3 & AI for a sustainable world. Community First: Prioritising community engagement to enhance collective impact.

We are thrilled to announce our $7.5M Series A round led by BITKRAFT Ventures with participation from StarkWare, Fabric Ventures, Dune Ventures, Primitive Ventures, and Ergodic Fund! This new funding will help us further empower developers building provable onchain games and autonomous worlds. Alongside this news, we're pleased to share that Dojo -- the open-source toolset for building provable games -- has reached v1.0.0. This milestone release introduces the first production-ready version of Dojo, laying a solid foundation upon which innovators can create the next generation of onchain games. Thanks to VentureBeat for the coverage! https://lnkd.in/eaFRYS3T CC: tarrence v | Nico Vereecke

Been quiet on LinkedIn lately as I've been pretty heads down with my latest endeavor at Cartridge. Had to resurface this morning to share some news, though: We've just announced the completion of our Series A led by BITKRAFT Ventures, with additional support from StarkWare, Fabric Ventures, Dune Ventures, Primitive Ventures, and Ergodic Fund 🚀 Those close to me will know that I've been laser focused on fully onchain gaming for the last 12-18 months. When the opportunity arose to work with tarrence v and the team at Cartridge, I jumped at the chance. It's been super fulfilling to work in an area of gaming that is constantly growing and evolving. Today, the momentum behind onchain gaming has never been stronger. We're still in the early innings, but it's been amazing to see the progress that the Dojo ecosystem has made in just a couple of years.  Up next: our NYC Residency program, where 30 Dojo game developers from across the world are converging on our Brooklyn office to build games, network, and learn from each other. Special thanks to VentureBeat for the coverage this morning: https://lnkd.in/gKurczwa Check out our blog post for more info on the round and a bit more of the story behind the company: https://lnkd.in/gebZ3WtP

💡 Why do some entrepreneurs succeed and others don't? Richard Muirhead, Founder and Managing Partner of Fabric Ventures, explains the defining trait of successful entrepreneurs and the key to startup success. Fabric Ventures is a top blockchain VC fund with $250M in AUM and 15 unicorns in its portfolio. Check my YouTube for the full episode with Richard, link in comments ⬇️ #entrepreneur #success #startup #motivation #blockchain #web3 #crypto